For this article, we will focus on the H1 time frame, but
swing traders often use the same principles on the Daily time frame very successfully.
Longer - term investors as well as
swing traders often monitor the 50 - day simple moving average.
Not exact matches
When aiming for quick stock gains of 10 - 15 % over a 1 - 2 week period,
swing traders can
often sell into strength, not be forced to sit through an ugly market selloff.
As a result, when
swing trading, you
often take a smaller position size than if you were day trading, as intraday
traders frequently utilise leverage to take larger position sizes.
Consequently, it allows individual
traders to take advantage of multiple aspects of digital currencies
often without the knowledge of the pitfalls of trading, such as high volatility that leads to major price
swings.